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Rudy L. Kusuma
REALTOR®
(626) 780-2221
NEW CENTURY
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Rich Dad Clubs
Rich Dad Clubs are all about helping each other
think, learn and do!
Playing the CASHFLOW® 101 Game and other Rich Dad games with others helps you gain a new perspective...
We invite everyone in Southern California to play the RichDad's cashflow game with us this week, Los Angeles cashflow games, San Gabriel cashflow games, Arcadia cashflow games, Monterey Park cashflow games, Alhambra cashflow games, Pasadena cashflow games...
"The Best Cashflow Club in San Gabriel Valley!"
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Games like the CASHFLOW board game are a powerful mechanism because they reflect our true behavior. As a learning tool, games enable people to 'learn by doing.' Very often, the learning process is so fun that we sometimes forget that a key purpose of playing a game like CASHFLOW® 101 is to heighten financial literacy.
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About Rich Dad Games
CASHFLOW® 101 is an innovative educational CASHFLOW board game that is designed to make the subject of accounting, investments and finance fun.
This unique Rich Dad game teaches financial intelligence - how to understand the game of money and investing (skills not taught in school) ... and makes learning fun! The CASHFLOW board game is recommended for adults and children age 10 and older.
You can now join like-minded individuals and play the CASHFLOW board game.
Visit our Southern California Rich Dad Cashflow club this week!
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Take the first STEP.... attend this week CASHFLOW Games and learn:
* Understand Assets vs liabilities
* What the Rich teach their children
* How to increase your financial intelligence
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CASHFLOW 101 / 202
Tuesday, April 6, 2010
7:00pm - 9:00pm
6:30pm - 7pm: Networking Session
Every 1st Tuesday of the month
Cost: Free
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IN THEIR OWN WORDS:
"Very educational, I learned a lot about Assets/Liabilities and Investing in general"
Andrew
Monterey Park Cashflow Game Player
"Great way to learn about money"
Nancy
Los Angeles Cashflow Game Player
"Probably THE BEST Cashflow Club in Los Angeles!"
Douglas MacKallor
Arcadia Casfhlow Game Player
"Thank you for Sunday. I have seen a new light. I
have new eyes. this reinforces what I have begun a
year ago.
Thanks."
Charles Butler
Los Angeles Cashflow Game Player.
"Thank you very much for organizing the cash flow game and arranging for Mr. Tan and Ms. Tan to speak. I learned alot from his words.
I'm looking forward to playing this Sunday and learning to get out of the rat-race and into the fast track faster."
Rob
Los Angeles Cashflow Game Player
"Thank you SO MUCH for organizing the games!! I learned so much from one Sunday afternoon that I have in all my years of school."
Monica Birdsong
Studio City Cashflow Game Player
"Hello- My name is Donna Lee. I want to say again how much I appreciated that you [Mr. Bellum Tan & Mdm. Doreen Tan of RichDad Asia] came to LA and shared your story and words of advise with us.
I am so sad that I was too shy to tell the truth and therefore missed an INCREDIBLE opportunity to be able to play the game with you directly. When you were asking us at the beginning how many times we had played.... I lied and only said 15 times, when the truth is that I have owned the electronic version for about 6 weeks and I have already played it well over 100 times.
My short story.... about 2 months ago I caught a re-run of Robert on PBS. Though I have always wanted to find a way to invest, I was always afraid, I bought many books and programs, but it never changed my fear. When I hear him I decided to try again.
I only started with on CD, but then I bought another, and then bought the E-Game about 6 weeks ago. The first several times I played I was always extremely upset to land on downsized or doodad. It wasn't until I played on the online sever and met some people, one person pointed out about paying off my liabilities too fast, that really changed my attitude in the game and I started to play in ernest.
Because of the opportunity to try things out in the game I am definitely making huge shifts in my thinking. I haven't done any real investing yet, right now I am trying to learn and obsorb all the info I can.
I am glad people are doing the meet ups, I don't know anyone that is interested in investing, all my friends are very much "E's" even the one who says she is always talks about "security".
So to be in a room full of people excited about the concepts taught in the game....
Well, it was very exhilirating. I did worry that the Meetup might be a "sales pitch" but I figured I would not know unless I went and saw for myself. I am so glad I did.
So today, WOW! I can't believe I missed the opportunity to learn from you directly, but I look forward to playing and learning next week.
Again, thank you for being so generous with your time."
Donna Lee
Lakewood Cashflow Game Player
"We enjoy very much in sharing our experience with you.It was a great weekend and learning.Thank you for putting the programme togehter. We hope that those who have sat on Doreen table and who have become multi-millionaires will continue to teach other what they have learn.Cashflow 101 is more than a board game to us.This game have enhance our life in the real world of investment. Today we continue the game in the real world and we have use it as a check point for our investment whenever our investment is not going as plan. Also I will like to thank Donna Lee who unselfishly teach her team on her table that have never play this game before but doing it for the first time. Those who have misses the great excitement of being a multi-millionaires hope that you will continue to come back and learn from Rudy and his team the knowledge we have imparted to them. You are all great learner and did not disappiont us flying more than 20 hours from Singapore to come here and share with you.And Rudy for spending 2 whole days showning us around Los Angeles.Both Doreen and myself enjoy very much and your effort driving us around showing us the property market..We will always remember the great friends that we have made in Los Angeles for a long time .And we look forward to be back again soon.
Continue playing the Cashflow Game , as Robert Kiyosaki say: The more you play . the richer you will become."
Bellum Tan
Singapore
CEO - Rich Dad's Training (S.E.A.) Pte Ltd
RichDad Asia, www.richdadasia.com
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"I had a great time and will be attending again! :)"
Cat
Sierra Madre Cashflow Game Player
"Great game on Sunday!! Love it!!! Thank you for showing us that teamwork is far better than doing it on your own. My first time getting out of the rat race after playing it five times. The fist four times, I was doing it by "myself" and didn't get out. Anyway, I just want to say "thanks" and looking forward to playing again. Thanks."
Ken Kuoch
San Gabriel Cashflow Game Player
"I really appreciated the whole set up! The hour of Kiyosaki [RichDad teaching on DVD], then play time, then discussion! VERY PRODUCTIVE! I left feeling a little smarter from being surrounded by great energy!"
Cindy
Los Angeles Casfhlow Game Player
"Great game .. no strings, just other like minded folks wanting to learn about investing or how to increase cash flow. Great discussion about each person investing strategies..."
Lisa Cox
Los Angeles Cashflow Game Player
"Last weekend we are fortunate to have with us Mr T.Bellum & Doreen , who are known as 'Ambassador of Cashflow' in Asia, have being playing CF 101 since the introduction to them by Robert Kiyosaki in 1996 to teach and share with us in our club. Today CF 101 is no more a board game to them, it is something that they have play , learn and apply in their real life. They have gain financial freedoom and is able to travel round the world to teach and share their own personal experience and how the game stratergy have enable them to reap 30% - 1000 % to infinite return in their investment annually.
On April 15, 2007 we have the privilge to invite them to teach us and show us and
our table end resulted in
Top Player : PayDay - $49.5 millions; Cash In Hand : $200 millions
2nd Player : Payday - $20 millions; Cash In Hand : $120 millions
3Rd Player : Payday - $30.35 millions; Cash in Hand : $60.7 millions
4th Player : Payday - $17.2 millions; Cash in Hand : $52.5 millions
etc...
They have impart the knowledge with our group and wanted us to continue and teach and share with others. If you wish to move to the next level in your game and able to apply it in your real life of investment, come down and join us. There will not be any selling at end of the game as this is a club for people who are like minded and strictly in the hope to be more financailly literate."
Venny T.
Arcadia Cashflow Game Player
"Interested to learn:
How to generate SIX FIGURE Passive Income?
How to generate SEVEN FIGURE Cashflow Day Income?
Our club is very fortunate to have Mr. Bellum Tan & Mdm. Doreen Tan of RichDad Asia as our special guest trainer - they taught us how to treat the game as a real life case (not a mere board game).
Personally, this is the result that I got from following their advice:
My Profession: Engineer
Salary: $4,900
Passive Income: $303,500
Total Expense: $1,340
Cash (in Savings Acct.): $60.7Million
I got out of the rat race with $303,500 PASSIVE INCOME and $60.7Million CASH IN SAVINGS ACCOUNT (the bank could not give me cash because the bank doesn't that much cash =)
In addition to that, when I left the rat race, I paid off all my liabilities (I do not have any liability when I got out of the rat race)
When I moved to the fast track, my beginning CASHFLOW Day Income is $30.35MILLION.
If you live in SOUTHERN CALIFORNIA, I strongly invite you to come over our club to learn this AWESOME "Singapore Strategy" (as Mr & Mrs. Tan called it).
"
Rudy Lira Kusuma
San Gabriel Cashflow Game Player
"Awesome event and great people!"
John Popp
Santa Monica Cashflow Game Player
"Very educational and fun!"
—Jasmine Rose
Los Angeles Casfhlow Game Player
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Q. How many people can play CASHFLOW? Can I play on my own?
A. CASHFLOW® was designed to be played by more than one player. Better interaction occurs when 3 to 6 people are playing. By inviting your friends to join you in playing CASHFLOW®, your learning experience will be heightened by the interaction of your group.
Q. Do I have to watch the video and listen to the audio tapes that come with CASHFLOW® 101 before I playing?
A. It is not necessary to watch the video or listen to the audio tapes before playing CASHFLOW® 101. However, the concepts that are presented in these materials can be applied to the game, as well as to real life, and may assist you in getting out of the rat race more quickly!
Q. When I purchase real estate, there is a cash flow amount stated on the card (plus or minus). Is this amount the net amount after the mortgage payment or do I have to calculate a mortgage loan payment? Can I pay off a real estate mortgage on an investment property and then increase my passive income?
A. Real estate mortgages cannot be paid off on investment properties in CASHFLOW® 101. The mortgage payment is calculated in determining the ROI and the monthly cash flow. It is as if you have a property manager who handles the property for you, collects the rents, pays the expenses including the related mortgage and then sends you the balance each month (assuming it is +).
Q. If I land on the downsized square and I do not have enough cash on hand, can I sell my stock to the bank for the price at which it was purchased? May I borrow the money from the bank?
A. You may not sell your stock to the bank. Stock is only available at the price indicated by an opportunity or market card when drawn by a player. You may, however, take a loan from the bank.
Q. If I don't have enough cash, can I borrow money from the bank to make the down payment for an investment property?
A. Yes. You may borrow money from the bank to raise enough cash for the down payment on an investment property. BUT remember you must include the bank loan as a liability and 10% of the loan amount must be recorded as a monthly expense. This means that your cash flow is adjusted up by the cash flow generated by the property and down by the amount of your monthly loan payment.
Q. If I am almost out of the rat race, can I borrow money from the bank to raise enough cash to buy an investment that will give me enough passive income to get out of the rat race and onto the fast track?
A. If, through the loan, you are able to purchase enough passive income to get out of the rat race- congratulations! Remember you must increase your expenses to include the amount you have to pay in loan payments before you calculate whether your new passive income exceeds your expenses.
Q. Some expenses in "doodads" are $75 (sunglasses), but there aren't $5 bills included. Am I missing $5 bills?
A. No, you are not missing any of your currency. This was a misprint on the card. You should just round up the expense for the sunglasses to $80.
Q. When a market card is drawn that says "anyone can sell at this price" does that mean I can sell all my holdings that match the description on the card, or only one?
A. You and any other player may sell any or all of your holdings that match the description on the card.
Q. If I am downsized can I sell stock or real estate while I am missing my turns, when the cards are drawn by other players?
A. Yes. You may still take advantage of the opportunities presented by cards drawn by other players as long as the card specifies "anyone can...".
Q. When I am downsized, why can't I still receive my passive income even though I am missing my turns?
A. When you are downsized, you are correct that you lose your earned income but not your passive income. However, you also continue to have to pay your monthly expenses. This means that you would owe the bank money (the amount your expenses exceed your passive income) for each turn until you find a new job. If you are one of the higher paid professions this could force you into bankruptcy early in the game. For ease of play we chose to have you miss two turns entirely instead of having to calculate the amount due the bank for each turn or face bankruptcy early in the game.
Q. When paying off debt do I have to do it before or after I roll the die?
A. Either is acceptable.
Q. Why don't you reduce the mortgage liability on your home as you make monthly payments?
A. In real life, you would in fact do this. For ease of play in the game, we do not adjust the principal amount of the mortgage. Most mortgages are long term in nature and, for purposes of this game, a level monthly mortgage payment is assumed.
Q. Since my monthly expenses include credit card payments, shouldn't I reduce the liability as each payment is made (at each pay day)?
A. Most people make monthly payments on their credit cards, but also charge new amounts on the credit card as well. Therefore, the game assumes a steady level of credit card debt that does not fluctuate from month to month. (Unless you choose to pay off the entire liability and therefore you would eliminate the monthly payment as well, in essence you have paid off your entire credit card bill and cut up your credit card so no new charges may be made.)
Q. If I am trying to reduce my monthly expenses by paying off my liabilities, may I pay them off in pieces?
A. We suggest that the entire amount of the liability (eg. Credit card debt) be paid off and then you can erase the entire related credit card expense. Your total expenses would then be reduced by the amount of your monthly credit card expense payment.
Q. I made it out of the Rat Race. Do I receive my CASHFLOW Day Income?
A. Yes. As soon as you are out of the Rat Race, you receive your CASHFLOW Day Income. You do NOT have to wait to pass the first CASHFLOW Day on the Fast Track.
Q. We made it out of the Rat Race and out on the Fast Track! Can you explain how to calculate "My New CASHFLOW® Day Income" goal to win?
A. Multiply Your Passive Income received from the Rat Race by 100. Then add $50,000 to that figure. This is your New CASHFLOW® Day Income goal needed to win. Remember you can still win by landing on and buying your Dream.
Q. When I am on the Fast Track, do I have to buy a dream when I land on one?
A. No. Not unless you choose to buy the dream.
Q. Why would I want to buy a dream on the Fast Track other than the one I picked at the beginning of the game?
A. Congratulations! You have identified one of the built in lessons found on the Fast Track. If you have game play questions that have not been covered, please click on the CONTACT US button at the bottom of the page and send an e-mail.
Q. Do I have to own CASHFLOW® 101 before I purchase CASHFLOW® 202?
A. Yes. You must have 101 in order to play 202 since 202 uses the game board and playing pieces from 101. We recommend you play CASHFLOW® 101 at least six times before playing CASHFLOW® 202. 202 builds upon the basic skills learned in 101 and adds more sophisticated investment strategies as well as more market volatility.
Q. Do I have to have CASHFLOW® 101 THE E-GAME installed to play the CASHFLOW® 202 THE E-GAME?
A. Yes, there are files from E101 needed to play E202.
Q. Can I still buy and sell stock as I did in playing CASHFLOW® 101?
A. Yes, you may still buy and sell stocks as you did in playing CASHFLOW®101, but now you may also trade in stock options and sell stock short.
Q. On page 7 of the rule book for CASHFLOW® 202 the boardgame, there are two examples given for exercising call and put options. If you follow the calculations through, the "Amount Receive (d-c) x a" reads $2,000 for the Call calculation and $1,000 for the Put calculation respectively. Is this correct?
A. No, this is a misprint. The correct amounts should be $4,000 and $2,000 respectively. Please correct your instruction book to reflect the correct amounts. While the error was caught early and most have been corrected, the initial shipments of CASHFLOW® 202 may contain instruction books that were not corrected. We apologize for this error.
Q. On page 4 and 5 of the instruction book you describe the net profit for a call and put. Why does this calculation not agree with the example in the boxes on page 7?
A. The net profit calculations differ from the cash flow calculations. The purchase of the option (outflow of cash) occurs before you exercise the option (inflow of cash--hopefully). If on page 7 you take the dollar from the "Amount Receive" column and subtract the amount paid for the option "Total Amt. Paid" you will have the net profit calculation as described on page 4 and 5. However, when you exercise the option, it is the cash flow calculation that determines what you receive from the bank.
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